National Western Life Group (NASDAQ:NWLI) Sees Unusually-High Trading Volume

National Western Life Group, Inc. (NASDAQ:NWLIGet Free Report) shares saw an uptick in trading volume on Tuesday . 15,430 shares changed hands during mid-day trading, an increase of 11% from the previous session’s volume of 13,857 shares.The stock last traded at $487.30 and had previously closed at $486.00.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on National Western Life Group in a research note on Tuesday. They set a “hold” rating for the company.

Read Our Latest Stock Analysis on National Western Life Group

National Western Life Group Stock Performance

The firm has a 50 day moving average of $484.48 and a two-hundred day moving average of $475.84. The stock has a market cap of $1.79 billion, a P/E ratio of 18.37 and a beta of 0.70.

National Western Life Group (NASDAQ:NWLIGet Free Report) last announced its quarterly earnings data on Thursday, February 29th. The financial services provider reported ($3.46) EPS for the quarter. National Western Life Group had a return on equity of 3.96% and a net margin of 13.05%. The firm had revenue of $207.87 million during the quarter.

Institutional Trading of National Western Life Group

Hedge funds have recently modified their holdings of the company. Schonfeld Strategic Advisors LLC raised its holdings in shares of National Western Life Group by 330.0% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 4,300 shares of the financial services provider’s stock worth $1,881,000 after buying an additional 3,300 shares in the last quarter. Lazard Asset Management LLC acquired a new stake in National Western Life Group during the 3rd quarter valued at $528,000. Assenagon Asset Management S.A. acquired a new stake in National Western Life Group during the 3rd quarter valued at $225,000. FCA Corp TX increased its holdings in National Western Life Group by 2.1% during the 3rd quarter. FCA Corp TX now owns 10,563 shares of the financial services provider’s stock valued at $4,621,000 after purchasing an additional 217 shares in the last quarter. Finally, Deutsche Bank AG increased its holdings in National Western Life Group by 16.9% during the 3rd quarter. Deutsche Bank AG now owns 1,099 shares of the financial services provider’s stock valued at $481,000 after purchasing an additional 159 shares in the last quarter. Institutional investors own 88.79% of the company’s stock.

National Western Life Group Company Profile

(Get Free Report)

National Western Life Group, Inc, through its subsidiary, National Western Life Insurance Company, operates as a stock life insurance company in the United States, Brazil, Taiwan, Peru, Venezuela, Colombia, and internationally. It operates through Domestic Life Insurance, International Life Insurance, Annuities, and ONL and Affiliates segments.

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